Be the first Estate
Agent here!
Ernest Street is a residential street with 302 addresses.
It ranks as the 583rd largest and 88th most expensive of the 613 streets in the E1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 302 properties: 28 houses and 274 flats.
Ernest Street is a residential street with 302 addresses.
It ranks as the 583rd largest and 88th most expensive of the 613 streets in the E1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 302 properties: 28 houses and 274 flats.
Sale prices range from £212,963 for 1 bedroom leasehold flats with a balcony (419 ft2) to £650,354 for 3 bedroom freehold houses with a garden (1,076 ft2) .
Monthly rental prices range from £1,322 pcm for 1 bed flats to £3,520 pcm for 3 bed houses.
The gross rental yield is between 6.5% and 7.5%.
The average value per square foot is £507.
The last sale on Ernest Street sold for £675,000 on 1st December 2025. Since then prices are down an average of 0.1%.
The current average value in the street is £354,637.
The Ernest Street Sales Market has decreased by 6.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.9% | £354,637 |
| May 2025 | 1.2% | £365,414 |
| May 2024 | -0.6% | £361,131 |
| May 2023 | -1.7% | £363,144 |
| May 2022 | 2.7% | £369,262 |
| May 2021 | -2.7% | £359,697 |
| May 2020 | 2.9% | £369,745 |
| May 2019 | -2.9% | £359,300 |
| May 2018 | -2.9% | £369,934 |
| May 2017 | 0.8% | £381,070 |
| May 2016 | 9.7% | £378,212 |
| May 2015 | 12.5% | £344,906 |
| May 2014 | 22% | £306,537 |
| May 2013 | 4.4% | £251,259 |
| May 2012 | 4.6% | £240,618 |
| May 2011 | 2.1% | £229,976 |
| May 2010 | 7.7% | £225,201 |
| May 2009 | -13.9% | £209,110 |
| May 2008 | 8.7% | £242,755 |
| May 2007 | 0% | £223,323 |
The current average rental value in the street is £2,125.
The Ernest Street Rental Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.9% | £2,125pcm |
| May 2025 | 2.2% | £2,025pcm |
| May 2024 | 4% | £1,981pcm |
| May 2023 | 15.5% | £1,904pcm |
| May 2022 | 16.8% | £1,648pcm |
| May 2021 | -8.3% | £1,410pcm |
| May 2020 | 2% | £1,538pcm |
| May 2019 | 1.6% | £1,507pcm |
| May 2018 | -1.1% | £1,483pcm |
| May 2017 | -1.4% | £1,500pcm |
| May 2016 | 2.2% | £1,522pcm |
| May 2015 | 5.9% | £1,490pcm |
| May 2014 | 3.9% | £1,407pcm |
| May 2013 | -2.2% | £1,354pcm |
| May 2012 | 8% | £1,385pcm |
| May 2011 | 10.1% | £1,283pcm |
| May 2010 | 4.3% | £1,165pcm |
| May 2009 | -11.4% | £1,117pcm |
| May 2008 | 11.3% | £1,260pcm |
| May 2007 | 0% | £1,132pcm |
The last sale was on 1st December 2025 for £675,000 and since then the market in the area has decreased by 0.1%. The street has had a total of 118 sales since 1995.
Ernest Street, London, E1 has seen 10 sales in the last three years and 3 sales in the last twelve months.
Ernest Street, London, E1 is the 583rd largest and the 88th most expensive street in the E1 area.
There are 14 postcodes on Ernest Street, London, E1.
The closest station to Ernest Street, London, E1 is Stepney Green station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Ernest Street, London, E1, 38.9% of property is socially rented and 28.2% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Ernest Street, London, E1, 38.0% of residents are recorded as possessing school level qualifications and 29.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Ernest Street, London, E1, the average age was 29.4 and the most common age was 17.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Ernest Street, London, E1, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Ernest Street, London, E1, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent